If you get Accor shares for less than 20 EUR = total cost around 1lac for 50 shares will be a great deal to have gold status. Lets wait for next crash!I recently got upgraded to Gold.
When you buy membership, they credit 20 status nights. You then have to complete only 10 to reach next tier. Nights paid by points also count towards status nights. You will have to pay some amount by card since point redemption happens in multiples of 1000. So some amount will always be left to be paid by cash. That way, it is quite simple with Accor
People are discussing about buying Accor shares etc. But you can reach gold by staying 10 nights and paying all of them via points